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October gave the U.S. auto industry its most promising sign of the year -- without the boost of the massive cash-for-clunkers program -- that new car and truck sales could be seeing a turnaround. General Motors Co. posted its first year-over-year sales increase in 21 months, a gain of 4.7%, lar...
Ford Motor Co., which, for now, barely escapes bankruptcy like the other Detroit automakers, goes to the UAW and says it needs the same thing the union gave GM and Chrysler to be competitive. And the UAW folks of Ford say forget it -- we've given enough. I guess they'd be happier if Ford declares...
Ford will reveal the most expensive F-150 pickup ever and a powerful new race-track-only Mustang in Las Vegas today.
Ford Motor Co.'s stock jumped 58 cents, or more than 8%, to close at $7.58 today — quite a leap from its low of $1.01 reached last Nov. 20 — after the automaker reported a surprise $997 million profit.
Since 2006, Ford Motor Co. has slashed 45% of its North American workforce — a move that has contributed to more than $4.6 billion in cost reductions at the once-ailing Dearborn auto company.
Ford Motor Co. began the year by reporting a $14.6-billion loss -- the largest in its history -- and managed to survive without asking for emergency federal loans.
Like a mantra, Ford Motor Co. executives chanted the words repeatedly over the past 12 months. "We're different." Ford was different, they said, because it didn't run out of cash like GM and Chrysler.
After owning Volvo Cars for 10 years, and successfully integrating the company's product development into its operations, Ford Motor Co.'s decision to sell the Swedish automaker will likely be complicated.
Free Press columnist Susan Tompor warns about investing heavily in General Motors and Ford stock even at these low prices.